Gulf Onshore, Inc. announces mid-month oil production figures.
As of August 17, 2008, Gulf Onshore has 627 BO gauged and in the Company’s tank batteries for pick-up from its leases in Throckmorton Co. and Shackelford Co., Texas; an additional 168 BO has already been sold in August 2008. Revenues from August 2008 oil sales will be [...]

Avalon Oil & Gas, Inc., announced that the Company has over $3,000,000 in proven hydrocarbon reserves, as summarized in the Company’s Form 10-KSB filing for the year ending March 31, 2008. The 10-KSB references a commissioned reserve report of Avalon’s natural gas and oil holdings which was completed by Petroleum Consulting Services of Oklahoma. The [...]

Uranium Energy Corp announce the finalization of drilling plans for the Company’s 100%-owned Nichols Project in Karnes County, Texas. The plan calls for 30 exploration holes for a total of approximately 18,000 feet of drilling. Permitting has been submitted and approved by the Texas Railroad Commission, Division of Surface Mining. Development of the Nichols Project [...]

Victory Energy Corporation announced today it has received permit approval from the Texas Railroad Commission Oil and Gas Division to drill a second 12,500 foot well. This permit is in the Corporation’s current gas play in the Texas Permian Basin.
The permit is for the Strawn Limestone formation, located at a depth of approximately 12,500 feet. [...]

Victory Energy Corporation announces that the Corporation has started drilling the tenth well in the Canyon Sandstone gas play located in the Texas Permian Basin.
The drilling contractor has moved the drilling rig onto well # 166-7 over the weekend after the crew finished plugging and abandoning their initial attempt to drill the tenth well [...]

Wentworth Energy, Inc. is pleased to announced the completion of the Red Lake Gas Unit #1-R well (”1-R”) in Freestone County, Texas. A four point test of the 1-R well yielded a calculated absolute open flow rate of 1.7 million cubic feet of gas per day. The 1-R well is an offset to Wentworth Energy’s [...]

Wentworth Energy, Inc. is pleased to announced its first gas discovery on the Company’s 27,557-acre mineral block in East Texas following the drilling and testing of its No. 1 Brakens’ well. The well was completed by Wentworth Energy’s drilling services subsidiary Barnico Drilling. A four point test yielded a calculated absolute open flow of 2.1 [...]

The Goliad County Groundwater Conservation District on Tuesday dealt a blow to uranium mining in the county by denying a permit to operate a water well on property that is being tested for the presence of uranium.
The well, on land owned by Joseph R. Jacob and leased to Uranium Energy Corp., was constructed as a [...]

DEVELOPMENTAL
Panola County
# In a lease 11.1 miles west of Carthage, in a wildcat field, the R.D. Browning GU Well No. 6 will be drilled by AC Exploration. The well will be drilled to 10,200 feet in the Morgan, E Survey, A-469. The well may also be drilled in the Beckville (Travis Peak) Field, the J.G.S. [...]

Panola County
# The Reed Estate Gas Unit Well No. 6 will be drilled by Chesapeake Operating in the Carthage (Cotton Valley) Field 1.4 miles northwest of Clayton in the MA Romero Survey, A-1. The well will bottom at 12,000 feet and may also be drilled in a wildcat field.
# Enduring Resources will drill the Allison-Cassity [...]